A Euro-Commercial Paper (ECP) is a short-term unsecured promissory note issued by companies, typically denominated in a currency other than the issuer's domestic currency, to raise capital in international money markets.
Euro-Commercial Paper (ECP) is a type of short-term unsecured promissory note issued in a eurocurrency. Primarily centered in the London market, ECP offers a swift method for obtaining same-day funds, often used for cross-border financial transactions like those between Europe and New York.
